Rcm applicable

rcm applicable on rent of motor vehicle
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Quick Summary
This discussion clarifies the applicability of Reverse Charge Mechanism (RCM) on the rent of motor vehicles. It distinguishes between commercial goods vehicles, which are subject to RCM at 5%, and other vehicles, which attract a standard GST of 5%.

Is it commercial goods vehicles
Both vehicles
Goods vehicle @ 5%RCM and other vehicles GST @ 5%

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